Why Taking Out a HELOC Could Be Dangerous This Year
The Motley Fool· 16 hours agoHELOCs are known for their flexibility, and they can be fairly easy to qualify for. Despite these perks, you'll need to be careful if you're planning to...
5 Moves to Make Before the Fed Raises Interest Rates Again
The Motley Fool· 16 hours agoIt's important to protect yourself in case rates keep going up. In mid-June, the Federal Reserve...
Average HELOC Rates: June 27, 2022—20-Year HELOC Rates Reach A 52-Week High
Forbes· 2 days agoThe average rate on a 20-year HELOC (home equity line of credit), hit a new high—7.51%, according to...
The latest HELOC rates — and what to know before you take one out
Market Watch· 2 days agoMeanwhile, rates on 20-year HELOCs edged up to 7.51%, up from 7.29%. For homeowners with significant...
Home Equity and HELOC Rates Keep Rising. How Homeowners Can Prepare for More Increases Ahead
Time Magazine· 6 days agoHome equity loan and line of credit (HELOC) rates are up for the second consecutive week. The...
Mortgage Refinance Rates Today, June 29, 2022 | Rates Hover Below 6% | NextAdvisor with TIME
Time Magazine· 15 hours agoToday, a few notable refinance rates went down. Short-term interest rates have already increased...
Took Out a HELOC Last Year? Suze Orman Has These Words of Warning
Motley Fool· 5 days agoThere's a reason so many homeowners have borrowed money via a HELOC, or home equity line of credit,...
Reverse Mortgage vs. Home Equity Loan vs. HELOC: What's the Difference?
Investopedia· 6 days agoYou receive the loan as a single lump-sum payment and make regular payments to pay off the principal...
Picking an Adjustable-Rate Home Equity Deal When Rates Are Volatile
Investopedia· 2 days agoHome equity loans and home equity lines of credit (HELOCs) can be powerful tools for financing big...
Things You Should Never Use Your Home Equity Loan For
Investopedia· 13 hours agoJust like with a home equity line of credit (HELOC), taking out a home equity loan for anything that won’t directly increase your home’s value is usually not recommended.